BGN Entrepreneur

Ian Coull is musing on what could be the defining moment of his career. Segro, the company that Mr Coull has headed ever since 2003, is poised to swallow up Brixton, which is the biggest rival of Segro for years in the industrial property market.
The deal would have been inconceivable a few months ago, when Segro was struggling with a £2.4 billion debt pile, but after raising £524 million through a rights issue with a hefty 87% discount, the company, which is formerly known as Slough Estates, after the town where it began, was ready to be a predator.

Related posts:

1. Property Merger Creating £1.6m Giant
   Two property companies have announced a merger deal to create...
2. Steel Giant Adds to Job Woes
   The jobless total in the three months to November hit...
3. Rise in Fuel Debt as Householders Struggle to Keep Warm
   With about one million UK households in debt to their...
4. Insurance Giant in Profit Slump
   The world’s biggest insurance market—Lloyd’s of London, which is made...
5. Sainsbury’s Delivers Profit Rise
   According to the the UK’s third-largest supermarket–Sainsbury’s, it is announced...